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Zardoya Otis (XMAD:ZOT) EBIT : €190.7 Mil (TTM As of Nov. 2021)


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What is Zardoya Otis EBIT?

Zardoya Otis's earnings before interest and taxes (EBIT) for the three months ended in Nov. 2021 was €45.8 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Nov. 2021 was €190.7 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Zardoya Otis's annualized ROC % for the quarter that ended in Nov. 2021 was 26.45%. Zardoya Otis's annualized ROC (Joel Greenblatt) % for the quarter that ended in Nov. 2021 was 199.89%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Zardoya Otis's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Nov. 2021 was 5.82%.


Zardoya Otis EBIT Historical Data

The historical data trend for Zardoya Otis's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Zardoya Otis EBIT Chart

Zardoya Otis Annual Data
Trend Nov12 Nov13 Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 201.71 191.81 187.43 186.67 190.70

Zardoya Otis Quarterly Data
Nov15 May16 Nov16 May17 Nov17 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 49.17 43.80 46.29 54.81 45.80

Competitive Comparison of Zardoya Otis's EBIT

For the Specialty Industrial Machinery subindustry, Zardoya Otis's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Zardoya Otis's EV-to-EBIT Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Zardoya Otis's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Zardoya Otis's EV-to-EBIT falls into.



Zardoya Otis EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Nov. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was €190.7 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Zardoya Otis  (XMAD:ZOT) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Zardoya Otis's annualized ROC % for the quarter that ended in Nov. 2021 is calculated as:

ROC % (Q: Nov. 2021 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Aug. 2021 ) + Invested Capital (Q: Nov. 2021 ))/ count )
=184.852 * ( 1 - 18.92% )/( (0 + 566.727)/ 1 )
=149.8780016/566.727
=26.45 %

where

Invested Capital(Q: Nov. 2021 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=726.559 - 106.959 - ( 67.372 - max(0, 246.987 - 299.86+67.372))
=566.727

Note: The Operating Income data used here is four times the quarterly (Nov. 2021) data.

2. Joel Greenblatt's definition of Return on Capital:

Zardoya Otis's annualized ROC (Joel Greenblatt) % for the quarter that ended in Nov. 2021 is calculated as:

ROC (Joel Greenblatt) %(Q: Nov. 2021 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Aug. 2021  Q: Nov. 2021
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=183.18/( ( (0 + max(0, 0)) + (91.641 + max(-3.742, 0)) )/ 1 )
=183.18/( ( 0 + 91.641 )/ 1 )
=183.18/91.641
=199.89 %

where Working Capital is:

Working Capital(Q: Aug. 2021 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (0 + 0 + 0)
=0

Working Capital(Q: Nov. 2021 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(140.697 + 29.598 + 62.193) - (106.959 + 0 + 129.271)
=-3.742

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Nov. 2021) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Zardoya Otis's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Nov. 2021 )
=190.695/3274.527
=5.82 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Zardoya Otis EBIT Related Terms

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Zardoya Otis (XMAD:ZOT) Business Description

Traded in Other Exchanges
N/A
Address
C / Gulf of Thessaloniki No. 73, Madrid, ESP, 28033
Zardoya Otis SA and its subsidiaries are in the business of manufacturing and installing elevators and provision of related maintenance services and export of equipment for installation. The company has manufacturing plants in Madrid and San Sebastian and modernization centers in Munguia and Vigo. Its significant contracts include Louvre museum, Stavros niarchos foundation and Auchan supermarkets. The company mainly operates in Spain, Portugal and Morocco.

Zardoya Otis (XMAD:ZOT) Headlines

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